March 8, 2024/United Capital Anglophone West Africa Nigeria Banks increase lending rates after CBN’s jumbo MPR hike Nigerian banks have increased their lending rates following the record hike in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN), in a development that will see businesses and individuals […]
Investors Bite
Intraday Update: Nigerian Stocks Gain +0.79%, Buoyed by Blue Chips
March 8, 2024/InvestmentOne Update ASI as at 12.00pm: +0.79% Top Gainers and Losers: ELLAHLAKES (+10.00%), MTNN (+9.99%), TRANSCOHOT (-9.09%) and GUINEAINS (-7.89%). Sector Performances: Consumer goods (+0.93%), Banking (+0.12%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume declined by 53% while total value advanced by 41% when […]
AFC, Investee Company Infinity Power Win Big at 2024 Bonds & Loans Awards
AFC played a leading role in proffering an innovative funding solution, with the Corporation deploying a suite of equity and quasi-equity instruments March 7, 2024/AFC Africa Finance Corporation, the continent’s leading instrumental infrastructure provider, received the prestigious Sovereign, Supra & Agency Treasury & Funding Team of the Year Award at […]

